Steel From China, Taiwan Was Subsidized, Commerce Finds

Law360, New York (March 19, 2014, 8:02 PM EDT) -- The U.S. Department of Commerce on Wednesday issued a preliminary determination that electrical steel from China and Taiwan had received foreign subsidies, while similar products from South Korea had not.

Based on a finding that nonoriented electrical steel (NOES) producers in China and Taiwan had received subsidies, Commerce assigned the importers preliminary subsidy rates and ordered the U.S. Customs and Border Protection to require rate-based cash deposits from the companies.

“For China, we found that critical circumstances exist for all companies, therefore, we will instruct CBP to...
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